What is the price/performance ratio of Merlin Ivy House?

Merlin Ivy House is not cost-effective. According to relevant data, Meilin Ivy is a high-end residential project developed by Meilin Group in Shenzhen, China, which is located at the intersection of Nanshan Avenue and Shahe East Road in Nanshan District, Shenzhen. The total construction area of this project is about138,000 square meters, consisting of five high-rise residential buildings, with about 1 100 suites. As far as the cost performance of Merlin Ivy League is concerned, because of its superior geographical location, there are many commercial centers, science parks and universities around it, so the house price is relatively expensive. According to public information, the average price of the project is above 60,000 yuan/square meter, which belongs to the category of high-end residential projects in Shenzhen. Therefore, from the perspective of housing prices, the price/performance ratio of Merlin Ivy is not too high.